The financial world is ever-changing, and we always aim to stay one step ahead of it.
That’s why we’re welcoming you to The Chancellor Headlines, our monthly round-up of the hottest goings-on in our organisation and the finance world at large.
So take a look at our summary of February’s news.
We’ve taken a decision to support local charity The Octagon Theatre – who are celebrating their 50th birthday – by renewing our Corporate Supporter Plus status.
The Octagon Theatre lies at the heart of Bolton’s storytelling community, and we’re proud to provide them with a helping hand.
On 8th November 2017 we were invited to present at a seminar hosted by The Octagon in conjunction with local law firm KBL, highlighting the benefits of charitable giving.
Congratulations are in order – our Chartered Financial Planner Dave Heaton has passed an Investment Client Servicing exam, putting him only one exam away from becoming a Fellow of the Personal Finance Society (PFS).
The PFS is a prestigious professional body for the financial community, ensuring ethical standards, as well as skill and technical knowledge, for the greater good of the industry and public.
We already have two Fellows in our organisation (the only chartered firm in Bolton) in the form of Grant & Ed, so Dave will be in good company when he reaches his goal, hopefully in the next few months.
The withdrawal of central bank stimulus and the development of a potential stagflationary environment may be causing the sell-off in bond and equity markets.
Paul Warner, senior portfolio manager at MitonOptimal, said, “You are beginning to see the edge taken off the US economy as capacity has disappeared.
“I would not be at all surprised if bond yields get beyond 3% by the end of the year as a result of inflation.
“If there is going to be a recession, it will be next year, not this year, but there could be a slowdown in the US economy as inflation is picking up, which could lead to stagflation in Q2 and Q3.”
We’ll have more Headlines next month. If you have any questions about the issues we’ve covered in this month’s edition, please don’t hesitate to get in touch on 01204 526846